1290 WJNO Local News Wire

 

Investors are still in the game

Investors are still in the game

 

Double Digit Price Gains On Single-Family Homes Last Year Were Supposed To Drive Investors Out Of The Real Estate Market, But Wall Street’S Spending Spree Continues In Palm Beach County Where One Corporate Giant Has Picked Up 200 Homes Since January 1St. According To The Palm Beach Post, The Blackstone Group, Which Buys And Rents Through Its Dallas-Based Invitation Homes, Owns An Estimated 1,200 Palm Beach County Homes, According To Property Records, And Is Filing Deeds At A Rate Of Up To 18 A Day.

 

 

 

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